COKING COAL DAILY: Seaborne market awaits clear direction

By Deepali Sharma / June 14, 2018 / www.metalbulletin.com / Article Link

The seaborne coking coal market was quiet on Thursday June 14, as Chinese end users turned away from premium hard coking coal offers.

A trader source said the market remained "cautiously optimistic", although there were ample cargoes in the hands of traders. "Seaborne prices remain much lower than domestic [values] and we may see prices maintain their current levels, but a significant rise would be difficult," he added. A Chinese end-user source said there...

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